National Pension Service increased its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 3.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,111,079 shares of the company’s stock after buying an additional 39,343 shares during the quarter. National Pension Service owned 0.28% of Howmet Aerospace worth $298,725,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the business. Premier Path Wealth Partners LLC lifted its holdings in shares of Howmet Aerospace by 1.0% in the second quarter. Premier Path Wealth Partners LLC now owns 3,812 shares of the company’s stock worth $1,025,000 after acquiring an additional 37 shares during the last quarter. Bartlett & CO. Wealth Management LLC grew its holdings in shares of Howmet Aerospace by 55.1% during the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after purchasing an additional 38 shares during the last quarter. UMB Bank n.a. grew its holdings in shares of Howmet Aerospace by 2.6% during the 4th quarter. UMB Bank n.a. now owns 1,620 shares of the company’s stock valued at $332,000 after purchasing an additional 41 shares during the last quarter. Tudor Financial Inc. increased its position in Howmet Aerospace by 2.6% during the 4th quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock worth $338,000 after purchasing an additional 42 shares in the last quarter. Finally, Physician Wealth Advisors Inc. increased its position in Howmet Aerospace by 2.5% during the 1st quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company’s stock worth $399,000 after purchasing an additional 42 shares in the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on the stock. BTIG Research increased their price objective on shares of Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Citigroup reaffirmed a “buy” rating on shares of Howmet Aerospace in a research note on Tuesday, September 1st. Jefferies Financial Group reiterated a “buy” rating and set a $370.00 price target on shares of Howmet Aerospace in a report on Sunday, August 9th. Morgan Stanley restated an “overweight” rating and set a $335.00 price objective on shares of Howmet Aerospace in a research report on Monday, August 10th. Finally, Wall Street Zen cut Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $316.22.
Howmet Aerospace Price Performance
HWM stock opened at $232.41 on Thursday. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. The firm has a market cap of $92.99 billion, a price-to-earnings ratio of 50.09, a PEG ratio of 2.09 and a beta of 1.19. The company’s fifty day simple moving average is $273.79 and its 200 day simple moving average is $261.01. Howmet Aerospace Inc. has a 12-month low of $179.62 and a 12-month high of $310.00.
Howmet Aerospace (NYSE:HWM – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The firm had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.43 billion. During the same period last year, the business posted $0.91 EPS. The business’s revenue was up 24.1% compared to the same quarter last year. Howmet Aerospace has set its Q3 2026 guidance at 1.340-1.360 EPS and its FY 2026 guidance at 5.230-5.310 EPS. On average, analysts expect that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.
Howmet Aerospace Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th were issued a $0.14 dividend. The ex-dividend date was Friday, August 7th. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is presently 12.07%.
About Howmet Aerospace
Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial manufacturer that develops and produces engineered components for commercial and defense aircraft, as well as products for transportation, energy and other industrial markets. Its offerings include aircraft engine components, airframe structures, fastening systems and forged aluminum wheels for commercial transportation.
The company’s aerospace products include turbine airfoils, engine casings, structural components and other specialized parts designed to support aircraft performance and efficiency.
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